Hi. Alteryx presents a good risk/reward ratio entry above 129 level.
Fundamentals: Alteryx is a data analysis company with strong business fundamentals. Gross margins are among the highest in the industry. Revenue growth slowed down in past quarters due to covid budget cuts. However, the revenue growth should accelerate as businesses recover.
Technical analysis: Stop loss can be put below 108. In the most bullish scenario we could be starting a 3rd wave which could get us to 340 level.
Fundamentals: Alteryx is a data analysis company with strong business fundamentals. Gross margins are among the highest in the industry. Revenue growth slowed down in past quarters due to covid budget cuts. However, the revenue growth should accelerate as businesses recover.
Technical analysis: Stop loss can be put below 108. In the most bullish scenario we could be starting a 3rd wave which could get us to 340 level.